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Centerra Gold Inc up sharply

Centerra Gold Inc closed up sharply Friday, rallying $0.10 or 1.55% to $6.54. Over the last five days, shares have gained 10.10% and 8.28% year to date. Shares have outperformed the S&P TSX by 17.09% during the last year.

About

Centerra Gold Inc is a Canada-based gold mining and exploration company. The Company is engaged in the operation, exploration, development and acquisition of gold properties

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in Asia. The Company consists of two producing gold mines, Kumtor mine in the Kyrgyz Republic and Boroo mine in Mongolia. Kumtor is located in the Kyrgyz Republic, about 350 kilometers southeast of the capital Bishkek. As of 2013, Kumtor’s gold production was 600,402 ounces. Gatsuurt exploration property, located 35 kilometers from the Boroo mine. Its development property includes the Gatsuurt property in Mongolia near Boroo mine. The Company’s other exploration properties include the Oksut project in Turkey; Kara Beldyr project in the Tyva Republic in Russia; Laogouxi project in China; Sumber Joint Venture in Mongolia, and Altan Tsagaan Ovoo (ATO) project in Mongolia.

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